New development will help other European nations as well
Greece's private investors have come to an agreement to restructure €172 billion worth of Greek bonds. This amount represent 85.5 percent of the total €206 billion held by the private sector according to the Greek finance ministry.
According to CNN, 69 percent of investors that are owners of Greek bonds not given out through Greek law agreed to restructure €20 million.
And Greek Finance Minister Evangelos Venizelos wlecomed the agreement and said that the private sector creditors are taking a big burden off of Greek citizens.
Firefighters took over an hour to extinguish a deadly fire that broke out Tuesday night
A fire broke out at 11 p.m. in Comayagua, Honduras. The prison is about an hour from Honduras' capital, Tegucigalpa, and was holding about 800 prisoners at the time of the fire, according to a senior official at the Attorney General's Office, Danelia Ferrera.
359 inmates are confirmed dead, and around 100 are still unaccounted for. It is not clear whether the blaze was an accidental short-circuit in the electrical system, or an inmate deliberately lit a mattress on fire.
Researchers in Ghana have accomplished a trial vaccine against malaria for the first time
According to the World Health Organization, there are about 225 million cases of malaria every year, with almost 800,000 resulting in death, USA Today reports. Most of those who suffer from the deadly disease are children. In Africa, one in five children die from malaria, including one every 30 seconds, the WHO reports.
More than 15 people pass by as a young girl is run over twice
According to CNN, a camera captured a terrible scene in Guangdong, China. Two-year-old girl Wang Yue was waiting outside a market for her mom and playing in the middle of a street. Suddenly, a van came out and ran over the girl.
Although the driver stopped when the girl was under the van, he eventually continued driving and ran away. The little girl was left laying in the street.
Minutes later, another small truck drove over Wang without slowing down.
Study released this morning deems radioactive iodine levels in tap water low enough.
The Kanamichi Water Purification Plant, which provides water all over Tokyo, released a test this morning that showed 79 becquerels of radioactive iodine per kilogram in water, according to CNN. The number is below the maximum of of 100 becquerel that is safe for infants.
After the earthquake hit Japan Fukushima Daiichi was seriously damaged, leading to 220 becquerels of radioactive iodine in the water.
Nearly a week into the protests in Libya, Moammad Gadhafi delivered a brash statement, refusing to step down from his leadership position Tuesday, according to CNN.
Award-winning New York Times columnist Nicholas D. Kristof discusses the vital role of women in addressing development issues across the globe.
“Are there more males or more females in the world today?” New York Times op-ed columnist Nicholas D. Kristof polls the audience at the beginning of his lecture. “Males?” A few tentative hands go up. “Females?” Most of the attendees in a packed-to-the-ceiling Hendricks Chapel raise their hands.
The answer is men. But Kristof’s answer to the world’s troubles is women.
Plus, oil tank in the Gulf of Mexico sinks and the NCAA Tournament expands.
Lawmakers and business associations say collecting tax money on tribal tobacco sales could increase tax revenues by $1 billion, Syracuse.com reports. Collecting these taxes could help state and local governments decrease budget gaps and avoid new cuts.
A coalition called "Enforce the law- Collect the tax," is increasing its awareness efforts to support collecting taxes from tobacco sold to non-tribal buyers.
It's easy to fall into a comfortable routine while abroad, but I decided it was time to explore Beijing.
I knew, coming to China, that I’d meet people from completely different backgrounds than me. I have classmates from Mongolia, the Philippines, Sweden, Portugal, Australia, France, and the Netherlands. The international scene has been one of the best parts of studying abroad in Beijing, and is something you can’t really get anywhere else.